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Forbidden Foods Ltd ( (AU:OMG) ) just unveiled an announcement.
OMG Group Limited has announced the issuance of unquoted equity securities in the form of Class A, B, C, and D Performance Rights, each expiring on November 7, 2028. This move, involving a total of 74 million performance rights, is part of an employee incentive scheme and is not intended to be quoted on the ASX. The issuance of these performance rights is likely aimed at aligning employee interests with company performance, potentially enhancing motivation and retention, which could positively impact the company’s operational efficiency and market competitiveness.
More about Forbidden Foods Ltd
Average Trading Volume: 7,623,966
Technical Sentiment Signal: Sell
Current Market Cap: A$8.02M
For an in-depth examination of OMG stock, go to TipRanks’ Overview page.